ŠKODA India To Increase Car Prices From 1st January 2016

Skoda India has announced in an official press release that it will increase the prices of its entire India car lineup citing higher input costs and changing market conditions as the primary reasons. Another reason behind the Skoda India price increase is weak Indian Rupee value against the USD which has made imports of components much more expensive. This increase in prices across their model range will come into effect 1st January 2016 onward and will be around 2-3% depending on the model. Most of the car manufacturers operating in India have announced price hikes across their model range or will be doing so in the coming days.

The Czech car maker has lost some ground to its competitors in recent times. Skoda plans to inject some life into its sales figures with the launch of the all new Superb sedan early next year, a car that still is one of the most popular sedans in its segment. There are also rumours surrounding the new Fabia hatch and its re-entry into the Indian market, but there has been no official word from the company yet.

The styling of the new Superb is in accordance with Skoda’s new design language characterised by sharper, sleeker lines. There is also a slight hint of Audi in its exteriors. The cabin space is expected to increase significantly with 157 mm extra leg space over the current car.

Skoda India will continue with the rest of its line-up unchanged for 2016. They will continue to sell the Rapid sedan, Octavia sedan and the Yeti crossover. A new seven-seat SUV is also under development, but it is still some time away from production. It could replace the Skoda Yeti in India and might be able to attract more customers. Skoda, which is owned by the Volkswagen group, has also been hit by the ongoing emissions scandal as 88,700 cars from ŠKODA have been recalled.

As we mentioned earlier, quite a few car manufacturers have already announced an increase in prices across their range including, Hyundai, Maruti, Mercedes-Benz and more. Stay tuned to CarBlogIndia for more updates on the Skoda India price increase and other new from the automotive world.